Crypto funds opened 2026 with losses and defensive positioning, according to a February 18 survey by Presto Research and Otos Data.
The report shows investors shifting toward relative-value and market-neutral trades as macro uncertainty and price swings weigh on directional bets.
Market-Neutral Funds Outperform as Directional Strategies Sink
According to Presto’s survey, all liquid crypto hedge funds dipped by an average of 1.49% last month. The losses extended a difficult stretch for active managers, marking the fourth consecutive month of negative equally weighted performance across both fundamental and quantitative categories, a sequence not seen since late 2018 and early 2019.
The dispersion within the numbers tells a clearer story, with fundamental funds dropping 3.01% in January, while quantitative funds fell 3.51%. On the other hand, Presto revealed that market-neutral funds, which aim to profit from price differences rather than market direction, gained about 1.6%. Over six m
We współpracy z: https://cryptopotato.com/relative-value-strategies-beat-directional-bets-as-crypto-volatility-bites/
